Crypto.com Cuts 12% of Workforce to Integrate AI

2026-03-19 16:00

Crypto.com has announced a 12% reduction in its workforce as part of a strategic move to integrate artificial intelligence across its operations. CEO Kris Marszalek emphasized the necessity of this transition, stating that companies must act swiftly to adopt AI or risk being left behind. The layoffs target positions deemed unsuitable for the new AI-driven environment. Affected employees have been notified and are being provided with resources to aid their transition. Marszalek expressed gratitude for the contributions of departing staff and highlighted the importance of this shift for the company's future success.

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